NYSE:BFLY Butterfly Network - BFLY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Butterfly Network, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $2.75 -0.23 (-7.72%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.72▼$3.0150-Day Range$2.21▼$3.4952-Week Range$2.17▼$8.72Volume2.37 million shsAverage Volume1.64 million shsMarket Capitalization$551.57 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Butterfly Network MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside154.5% Upside$7.00 Price TargetShort InterestBearish12.46% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 2 Articles This WeekInsider TradingSelling Shares$64,428 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.89) to ($0.83) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsMedical Sector480th out of 1,027 stocksX - Ray Apparatus & Tubes Industry2nd out of 4 stocks 3.5 Analyst's Opinion Consensus RatingButterfly Network has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Butterfly Network has a forecasted upside of 154.5% from its current price of $2.75.Amount of Analyst CoverageButterfly Network has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.46% of the float of Butterfly Network has been sold short.Short Interest Ratio / Days to CoverButterfly Network has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Butterfly Network has recently increased by 0.87%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldButterfly Network does not currently pay a dividend.Dividend GrowthButterfly Network does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BFLY. Previous Next 2.6 News and Social Media Coverage News SentimentButterfly Network has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Butterfly Network this week, compared to 2 articles on an average week.Search Interest24 people have searched for BFLY on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Butterfly Network to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Butterfly Network insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $64,428.00 in company stock.Percentage Held by Insiders28.36% of the stock of Butterfly Network is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions49.54% of the stock of Butterfly Network is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Butterfly Network are expected to grow in the coming year, from ($0.89) to ($0.83) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Butterfly Network is -3.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Butterfly Network is -3.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioButterfly Network has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Butterfly Network (NYSE:BFLY) StockButterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut.Read More Receive BFLY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Butterfly Network and its competitors with MarketBeat's FREE daily newsletter. Email Address BFLY Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comComparing Butterfly Network (NYSE:BFLY) & GE HealthCare Technologies (NASDAQ:GEHC)February 1, 2023 | wsj.comSHAREHOLDER ALERT: Morris Kandinov Investigating DNA, APA, LDI and BFLY; Shareholders are Encouraged to Contact the FirmFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 26, 2023 | morningstar.comButterfly Network Inc Ordinary Shares - Class AJanuary 25, 2023 | wsj.comSHAREHOLDER ALERT: Morris Kandinov Investigating BFLY, FOX, and DESAX; Shareholders are Encouraged to Contact the FirmJanuary 23, 2023 | finance.yahoo.comWe Think Butterfly Network (NYSE:BFLY) Needs To Drive Business Growth CarefullyJanuary 21, 2023 | cnn.comThis butterfly was once thought extinct. Now it’s off the endangered species listJanuary 17, 2023 | seekingalpha.comButterfly Network: Outstanding Product But I Am Fearful Of The Significant LossesFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 3, 2023 | marketwatch.comButterfly Needles Market : Analysis by Size, Share Trends, Future Growth, Emerging Trends, Qualitative Outlook and Global Forecast to 2028December 27, 2022 | finance.yahoo.comThe past year for Butterfly Network (NYSE:BFLY) investors has not been profitableDecember 19, 2022 | finance.yahoo.comButterfly Network Completes Successful Deployment of 500 Butterfly iQ+ Devices and Training of 500+ Healthcare Workers Across 224 Facilities in KenyaDecember 14, 2022 | finance.yahoo.comButterfly Network to Present at the 41st Annual J.P. Morgan Healthcare ConferenceDecember 7, 2022 | benzinga.comAHN West Penn Opens Butterfly Suite for Families Coping with Perinatal LossDecember 6, 2022 | msn.comButterfly Suite at West Penn Hospital intends to help parents dealing with pregnancy loss grieveDecember 6, 2022 | marketwatch.comButterfly Network CEO Todd Fruchterman to DepartDecember 6, 2022 | finance.yahoo.comButterfly Announces CEO TransitionNovember 17, 2022 | seekingalpha.comButterfly Network: Time Is Likely Not On Company's SideNovember 12, 2022 | fool.co.ukWhy this US growth stock is now my worst ever investmentNovember 9, 2022 | finance.yahoo.comButterfly Network Third Quarter 2022 Earnings: Misses ExpectationsNovember 6, 2022 | finance.yahoo.comUS$6.75: That's What Analysts Think Butterfly Network, Inc. (NYSE:BFLY) Is Worth After Its Latest ResultsNovember 3, 2022 | seekingalpha.comButterfly stock dives 20% as revenue outlook slashed amid labor woesNovember 3, 2022 | msn.comButterfly Network: Q3 Earnings InsightsNovember 3, 2022 | finance.yahoo.comButterfly Network Reports Third Quarter 2022 Financial ResultsOctober 24, 2022 | tmcnet.comButterfly Network, Inc. to Report Third Quarter 2022October 24, 2022 | finance.yahoo.comButterfly Network, Inc. to Report Third Quarter 2022 Financial Results on November 3, 2022October 20, 2022 | finance.yahoo.comWith 40% stake, Butterfly Network, Inc. (NYSE:BFLY) seems to have captured institutional investors' interestSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BFLY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Butterfly Network and its competitors with MarketBeat's FREE daily newsletter. Email Address BFLY Company Calendar Last Earnings11/15/2021Today2/07/2023Next Earnings (Estimated)2/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry X-ray apparatus & tubes Sub-IndustryN/A SectorMedical Current SymbolNYSE:BFLY CUSIPN/A CIK1804176 Webwww.butterflynetwork.com Phone781-557-4800FaxN/AEmployees463Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$9.50 Low Stock Price Forecast$4.50 Forecasted Upside/Downside+154.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.75) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,410,000.00 Net Margins-204.70% Pretax Margin-204.54% Return on Equity-37.78% Return on Assets-29.35% Debt Debt-to-Equity RatioN/A Current Ratio8.12 Quick Ratio6.86 Sales & Book Value Annual Sales$62.56 million Price / Sales8.82 Cash FlowN/A Price / Cash FlowN/A Book Value$2.26 per share Price / Book1.22Miscellaneous Outstanding Shares200,570,000Free Float143,685,000Market Cap$551.57 million OptionableOptionable Beta1.80 Key ExecutivesDr. Jonathan M. Rothberg Ph.D. (Age 58)Founder, Interim CEO & Chairman Comp: $55.35kDr. Andrei G. Stoica Ph.D. (Age 49)Chief Technology Officer Comp: $1.32MMr. Darius Shahida (Age 30)Chief Strategy Officer & Chief Bus. Devel. Officer Comp: $1.63MDr. Todd M. Fruchterman M.D. (Age 52)Ph.D., Exec. Officer Comp: $5.27MMs. Heather C. Getz CPA (Age 47)M.B.A., Exec. VP & CFO Mr. David H. Ramsey (Age 52)Chief Information Officer Mr. Larry WeissChief Legal Officer & Corp. Sec.Ms. Tamara DillonChief People OfficerDr. John Martin F.A.C.S. (Age 63)M.B.A., M.D., Chief Medical Officer Mr. Troy Quander (Age 51)Sr. VP of Regulatory & Quality More ExecutivesKey CompetitorsCerusNASDAQ:CERSNurix TherapeuticsNASDAQ:NRIXSangamo TherapeuticsNASDAQ:SGMOZymeworksNYSE:ZYMEAerovate TherapeuticsNASDAQ:AVTEView All CompetitorsInsiders & InstitutionsRaymond James Trust N.A.Bought 28,000 shares on 2/2/2023Ownership: 0.056%180 Wealth Advisors LLCBought 9,316 shares on 2/2/2023Ownership: 0.027%SG Americas Securities LLCSold 3,438 shares on 2/2/2023Ownership: 0.026%Janney Montgomery Scott LLCSold 17,385 shares on 2/1/2023Ownership: 0.027%Great Valley Advisor Group Inc.Bought 10,509 shares on 2/1/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions BFLY Stock - Frequently Asked Questions Should I buy or sell Butterfly Network stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Butterfly Network in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BFLY shares. View BFLY analyst ratings or view top-rated stocks. What is Butterfly Network's stock price forecast for 2023? 2 equities research analysts have issued 12-month price targets for Butterfly Network's shares. Their BFLY share price forecasts range from $4.50 to $9.50. On average, they anticipate the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 154.5% from the stock's current price. View analysts price targets for BFLY or view top-rated stocks among Wall Street analysts. How have BFLY shares performed in 2023? Butterfly Network's stock was trading at $2.46 at the beginning of 2023. Since then, BFLY shares have increased by 11.8% and is now trading at $2.75. View the best growth stocks for 2023 here. When is Butterfly Network's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023. View our BFLY earnings forecast. How were Butterfly Network's earnings last quarter? Butterfly Network, Inc. (NYSE:BFLY) posted its quarterly earnings data on Monday, November, 15th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.18. The business earned $14.62 million during the quarter. Butterfly Network had a negative trailing twelve-month return on equity of 37.78% and a negative net margin of 204.70%. What guidance has Butterfly Network issued on next quarter's earnings? Butterfly Network issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $73.00 million-$76.00 million, compared to the consensus revenue estimate of $83.25 million. What is Butterfly Network's stock symbol? Butterfly Network trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFLY." Who are Butterfly Network's major shareholders? Butterfly Network's stock is owned by many different retail and institutional investors. Top institutional investors include ARK Investment Management LLC (4.99%), Baillie Gifford & Co. (1.06%), Exchange Traded Concepts LLC (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.19%), Raymond James Trust N.A. (0.06%) and Janney Montgomery Scott LLC (0.03%). Insiders that own company stock include Andrei G Stoica, Darius Shahida, David Perri, Larry Robbins, Mary Miller, Stacey Pugh, Stephanie Fielding, Todd Fruchterman and Troy Quander. View institutional ownership trends. How do I buy shares of Butterfly Network? Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Butterfly Network's stock price today? One share of BFLY stock can currently be purchased for approximately $2.75. How much money does Butterfly Network make? Butterfly Network (NYSE:BFLY) has a market capitalization of $551.56 million and generates $73.39 million in revenue each year. The company earns $-32,410,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. How many employees does Butterfly Network have? The company employs 463 workers across the globe. How can I contact Butterfly Network? Butterfly Network's mailing address is 530 OLD WHITFIELD STREET, GUILFORD CT, 06437. The official website for the company is www.butterflynetwork.com. The company can be reached via phone at 781-557-4800 or via email at investors@butterflynetwork.com. This page (NYSE:BFLY) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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